$2,500 - $24,999 1.26% APY

$25,000 and over 1.51% APY

The website of the bank does not contain details about opening an account or signing up for membership. Allegius has offices in Michigan City, Burns Harbor, Chesterton, Valparaiso, and Hobart in Indiana.

The credit union also has partners with which you can conduct banking with as well. Most of these banking partners are located in the Fort Wayne area.

You can request for a packet of eligibility information by calling 219-462-3558.

Allegius Credit Union is covered by the NCUA.

The credit union limits withdrawals from the money market account to 3 per month with each take out at $500 increments or more. Deposits are unlimited but should also be in increments of $500.

Membership to the credit union is explained on their membership page in detail. They accept retired or current employee of Westvaco Corporation in Luke, Maryland. You can also get in via family or through one of the membership organizations affiliated with the credit union. Individuals who live, work or study in the counties of Preston, Tucker, Mineral, Garrett, and Allegany can join WEPCO.

The website does not detail the particulars with regard to singing up for WEPCO FCU. It will be best if you call them through their local branches: Bloomngton, MD (800-292-8139); Oakland, MD (8777-334-1431); LaVale, MD (866-729-0146); and Keyser, WV (866-788-5305). It may be necessary to visit your local branch to open an account.

The credit union is relatively small with about $124 million in assets. We are assuming that this is a local money market deal.

WEPCO Federal Credit Union is registered with the NCUA.

$250K+ 1.48% APY
$100K - $250K 1.45% APY
$50K - $100K 1.40% APY
$10K- $50K 1.30% APY
$2.5K - $10K 0.90% APY

This money in the bank deal requires funds of at least $2,500 to avoid a service charge of $10. Interested individuals can apply online or by mail. You can also call an AIG banker to ask for more information about the money market. You can reach the bank through 1866-231-9620.

Account holders can initiate a funds transfer via ACH by first fax an instruction to the bank. AIG does not have an online facility to handle such transfers. You can also mail a check to the bank. An easy way out of this is to start a wire transfer from you other banks.

This high yield money market account with AIG comes with check writing privileges and a debit card. You will get your first booklet of 40 checks from AIG a week after opening your money market account. This first set of checks comes free of charge.

The disclosure of the money market account suggests that the bank may do a hard credit pull. You may want to ask the bank if you are worried that your credit report will be dinged upon application.

The bank is indexed with the FDIC with certificate # 35267.

• The bank does not demand for any minimum balance
• No monthly service fees
• The first order of checks is on the bank
• Free use of the online bills payment system
• Limited to 6 withdrawals every month as guided by federal law

Interested consumers from any state can apply by phone through 1800-5494828. The current money market rate is accurate as of February 15. The interest rates have declined a bit in the past few months by a few basis points but the one they have now remains to be very competitive.

Based on previous reports, the bank has a weak ACH system. We are not sure if they still require an account holder to fax an EFT or electronic funds transfer form and verify trial deposits before you can make an ACH transfer. It will be a process of you emailing the bank to give them authorization and the bank calling you to confirm the transfer. One way around this inconvenience is to initiate an ACH transfer from another bank.

The bank does not do a hard credit inquiry but they use the ChexSystem to verify you identity during the application process. The website of the bank does not have an FAQ and does not have a post with regard to fees which may affect the earnings of your money market account.

ADB is a small bank in Cedar City, Utah. The bank is performing fairly with 3 stars coming from bankrate.com and 4 stars from BauerFinancial for its financial performance.

The bank is insured with the FDIC through certificate number 57962.

$1,000 to $10,000 1.15% APY
$10K to $25K 1.30% APY
$25K to $50K 1.40% APY
$50K to $100K 1.50% APY
$100K and up 1.65% APY

The current interest rates for the money market account started to be in effect last February 1. These can be changed any time so it will be best to call the credit union first before signing up for anything.

The money market offers checks although they are not for free. They also have an ATM card. These services may be subjected to fees. Withdrawal from the account is limited to six per month and the charge for any excess transaction is a stiff fee of $20 each.

The credit union welcomes members of the GettingAhead Association. This organization requires a membership fee of $5. They accept individuals from any state so it will be pretty easy to join. Delta Community also requires a deposit of at least $5 to a share savings account.

The credit union automatically qualifies people from some counties of Georgia and Atlanta to sign up with them. There are also select and employee groups or family which can help you join the credit union.

There is an online application but some members advised that joining them will be faster if you drop by one of their branches. They have offices spread across the metro area of Atlanta. They also have branches in Dallas, Texas particularly in Southlake; Florence, Kentucky; and Salt Lake City in Utah.

Delta Community Credit Union has some strong financial ratings with 5 stars coming from BauerFinancial and 4 stars stamped by bankrate.com for their soundness and safety. The credit union is covered by the NCUA through charter number 66357.

Delta Community is a large credit union with about $2.9 billion worth of assets.

$2,500 to $24,999.99 1.15% APY
$25,000 to $49,999.99 1.23% APY
$50,000 to $99,999.99 1.30% APY
$100K and over 1.35% APY

This money in the bank deal requires an initial deposit of at least $1,000 to open the account. A daily average of $1,000 is necessary to earn any interest. Account holders must stay on or above the $2,500 line to avoid a monthly service fee of $12.

Takeouts from the money market account is limited to six per month. Anything going beyond the limit may be subjected to a $10 for every transaction. You can withdraw any time in person, via messenger, or by mail without having to worry about any limitations. An ATM card is an option for this account but they charge a minimal fee when you use it.

You can send your funds by mailing in a check, do wire transfer, or set up an ACH transfer from your other bank. Checks with this account do not come for free unless you are 55 years old or older. Senior accounts do come with 2 booklets of checks for free.

Interested individuals can use the application form found online. You can also visit one of their offices in New York, New York or their Florida branches in South Pasadena and Clearwater. You can reach their NY branch through 212-218-8383 or their Florida office at 727-442-2551.

The bank is insured by the FDIC with certificate number 35011.

Interested consumers can open this money in the bank deal by completing na online application or you can also call 1866-871-7932 so a CapitalOne banker can assist you.

Initial funding of the money market can be done by mailing the bank a check, wiring in money from your existing account, electronic funds transfer from an external account (CapOne will do trial deposits), or if you are an existing client you can do an internal transfer.

Additional deposits can be done via electronic transfer using their free online banking facility. The transfer of money usually takes 3 to 5 business days to complete. Mailing in a check and wire transfer though are still an option.

Withdrawal of your money market funds is also very convenient. You can transfer money to your exisiting account, write yourself a check, withdraw money via ATM, or you can also wire out funds. The last one will cost you $20 service charge. Like other MMAs, taking out of funds through checks and online transfers are limited to six per month. Any exceeding transaction will be subjected to a certain fee. ATM withdrawals are limited to $500 per day.

The bank also has a money market program called Rewards Money Market . This money market deal gives 1.10% APY for all balances. You can open this account for as low as $1. When you deposit $500 during your first month, you can get 2,500 miles of bonus.

Rewards of more miles can also be accumulated depending on your monthly account average. You practically earn a mile for every $20 in you account for the month which you can use for travel, shopping, and more.

These money market rewards can be redeemed by the account holder over the internet or phone. When you have enough miles, you do not have to wait to cash it in.

The rewards money market account does not impose any monthly fees nor require any monthly balance. The procedure to open an account and funding it is similar to how you do it with their High Yield Money Market.

CapitalOne Direct is insured with the FDIC. The interest rates that we have here are still posted on the website as of February 15. They can be changed any time.

According to the bank’s customer service, the money market deal is offered in all states. The bank said they do not do a credit pull when you open an account. The interest for this account is compounded and credited on a monthly basis.

The money market account comes with a Visa debit card but you will not have any check writing privileges. Like other MMAs you are limited to six withdrawals every month. You will be able to monitor your account through paper statements sent to you via mail once a month.

When you open an account, the initial funding information will be kept by the bank so you can still use that on your next transactions. The bank will also perform trial deposits to verify that you own the source account. According to the FAQ of the website, the allow unlimited number of links to your account. Inbound and outbound transfers are limited to $150,000 per transaction.

The East Boston Savings Bank received 4 stars for its soundness and safety from both bankrate.com and BauerFinancial. EBSB has a declared asset amounting to $1 billion and deposits of approximately $812 million.

The bank is a member of the FDIC with certificate number 33510. They also have DIF insurance for their deposits.

If you have questions about the products and services of EBSB Direct, you can call their toll free nuber 1800-657-3272.

The money market deal is only available to their local market. The interest rate is a bit high compared to other big banks and is very competitive with the national average. The bank has a history of keeping their money market rates for quite a while so you do not have to worry much about sudden money market rate changes.

The bank’s website does not have a ton of information to offer to readers so it will be best to ask their customer service about fees which will affect your deposit. Money market accounts have limited number of withdrawals every month and all banks charge for transactions going over this limit.

The South Florida Federal Credit Union welcomes individuals from certain employee groups. They also accept applicants from some schools and churches. You can visit their membership page to check if you can be eligible to sign up. You can use the online application form to open an account.

The main office of this credit union is located in Miami, Florida. You can call them through 305.545.0744.

The reviews for the credit union are mixed. BauerFinancial stamped their soundness and safety report with 4 stars. Bankrate.com issued 2 stars for a low performance. These numbers were based on their March 2009 data.

South Florida Credit Union is covered by the NCUA through charter number 23041.

$0 – $9,999.99                 1.45% APY
$10,000 - $24,999.99       1.45% APY
$25,000 - $49,999.99       1.65% APY
$50,000 - $99,999.99       1.95% APY
$100,000 and over           2.30% APY

The money market account does not charge any monthly service fee if you can maintain a minimum balance of $2,500. It will cost you $10 if you fall below this line.

This best money market rate offering is considered a local deal. Interested individuals may visit a branch to open an account. The bank is headquartered in Atlanta, Georgia.

If you are in doubt that the money market interest rates will not last with this bank, you can check out their other deposit products like their certificates of deposit and savings account which also offer good interest rates.

The website does not detail much about this money market account. Like other MMAs in the market, this too is limited to six withdrawals per cycle. If you go beyond the monthly limit, the bank charges $3 for every exceeding transaction. It will be best to ask the bank about fees which may be involved in case you go over the limit plus other charges which may affect the earnings of your deposit. You may contact them through 404-231-4100.

The interest rates that we have here are still posted as of February 14 but they can be changed any time without notice.

Georgia Primary Bank was established at the latter part of 2007 which may also explain the high yield money in the bank deals they are offering at the moment. New banks use the good interest rates to attract more depositors.

The bank seems to be doing well though with bankrate.com giving it a performance rating of 4 stars. BauerFinancial still tags this bank as a start-up.

Georgia Primary Bank is already indexed with the FDIC through certificate number 58523.